Latest in UK escapes worst of Trump's tariff wrath with 10% levy but warns of 'threat' to global economy
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UK escapes worst of Trump's tariff wrath with 10% levy but warns of 'threat' to global economy
The U.K. escaped relatively unscathed compared with many other nations, facing the lowest trade tariff that Trump announced Wednesday.CNBC - 1d -
Trump Unveils Expansive Global Tariffs
The president said the charges, at least 10 percent on nearly all trading partners, would restore fairness, but experts warned they could destabilize the world’s economy.The New York Times - 1d -
Trump hits UK with 10% tariffs as he ignites global trade war
Britain gets off comparatively lightly but US president’s action could still cost billions in lost growth. US politics – latest updates Donald Trump has hit the UK with tariffs of 10% on ...The Guardian - 2d -
How Trump’s tariffs will hit the UK economy
Exporters from cars to whisky hit, while economists warn of growth impactFinancial Times - 1d -
Starmer to hold talks with other global leaders to discuss response to Trump tariffs, says No 10 – UK politics live
UK prime minister to speak to international leaders this weekend to ‘maintain stability and strengthen our partnerships abroad’. Trump claims Starmer ‘very happy’ about tariffs . Downing Street ...The Guardian - 8h -
Britain avoids worst of Trump’s tariffs, but risks remain for Starmer
PM hopes to strike a US trade deal to further cut 10% levyFinancial Times - 1d -
Global cost of Trump trade war ‘could reach $1.4tn’; Goldman Sachs cuts UK growth forecast over tariff spillovers – business live
Rolling coverage of the latest economic and financial news, as UK business secretary warns Britain will be hit by ‘Liberation Day’ tariffs. Trump prepares to unveil reciprocal tariffs as markets ...The Guardian - 3d -
Global economy will ‘massively suffer’ from Donald Trump tariffs, Ursula von der Leyen warns – Europe live
European Commission president hopes to move from confrontation to negotiation after Trump attack on ‘pathetic’ EU. What are tariffs and why do they matter? French prime minister François ...The Guardian - 1d -
Global markets in turmoil as Trump tariffs wipe $2.5tn off Wall Street
Economists say levies of between 10% and 50% have dramatically added to the risk of a worldwide downturn. Global financial markets have been plunged into turmoil as Donald Trump’s escalating trade ...The Guardian - 13h -
With Car Tariffs, Trump Puts His Unorthodox Trade Theory to the Test
With sweeping auto levies, the president is putting his beliefs about tariffs into practice on the global economy. Economists aren’t optimistic.The New York Times - 5d -
Locked in a trade balancing act with the U.S., the UK hopes it can escape some Trump tariffs
With its more balanced trading relationship with the U.S., the U.K. is hoping it might escape the full brunt of Trump's import duties.CNBC - 2d -
Lutnick to plunging markets: Let Trump run the global economy
Commerce Secretary Howard Lutnick said President Trump should run the global economy as markets plummet due to the onset of Wednesday’s tariff announcement for a range of nations. “Let Donald Trump ...The Hill - 1d -
Trump’s Tariffs Pose a New Threat for Germany’s Stagnant Economy
President Trump’s trade war adds another challenge to the incoming government’s attempts to revive Europe’s biggest economy.The New York Times - 1d -
Stocks close out their worst quarter since 2022 amid tariff uncertainty
The S&P 500 and Nasdaq logged their worst performance since Russia’s invasion of Ukraine slammed into the global economy.NBC News - 4d -
Trump escalates global trade war with sweeping tariff blitz
Stock futures tumble as US reveals plans to impose 10% universal levies and higher ‘reciprocal’ dutiesFinancial Times - 1d -
S&P 500 Drops 4.3 Percent as Trump’s Tariffs Shock Markets
The S&P 500 is on track for its worst day since Covid shattered the global economy five years ago.Inc. - 1d -
Threats, calls for negotiations in wake of Trump tariffs
Countries around globe have responded to President Trump's latest tariffs with either threats of retaliation or calls for negotiation. Trump on Wednesday imposed a 10-percent base tax on all goods ...The Hill - 1d -
The Childish Tariff Formula That Will Reshape the Global Economy
Trump said repeatedly that the tariffs are “reciprocal,” but that’s not true. The rates were calculated using a childish formula based on trade imbalances.The New York Times - 1d -
‘There are no winners’: global companies respond to Trump tariffs
From UK tailors to Australian farmers to Irish whiskey distillers, firms reveal the impact of US measures. Donald Trump’s sweeping tariffs will upend global trade, adding costs and delays to ...The Guardian - 18h -
Analysts: Trump tariffs 'worse than the worst case scenario' for tech investors
Analysts described President Trump’s latest slate of tariffs Wednesday as “worse than the worst case scenario” for tech investors. Trump announced a sweeping 10 percent tariff on goods from all ...The Hill - 2d -
Trump transforms global trade
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story 5 takeaways from Trump’s major tariff announcement President Trump reset U.S. ...The Hill - 1d -
EU ready to retaliate against Trump’s tariffs, says von der Leyen
Commission president warns global economy will ‘massively suffer’ from US trade barrageFinancial Times - 1d -
The countries hit hardest by new US tariffs
A 10% rate of import tax will apply globally - with higher rates for a list of Trump's "worst offenders".BBC News - 1d -
Trump tariffs spur Wall Street's worst day since 2020
The stock market cratered Thursday as fears of global economic slowdown driven by President Trump's new tariffs spurred Wall Street's worst day of losses since the outbreak of the COVID-19 ...The Hill - 1d -
Trump tariffs live: US markets see worst day in five years as president claims ‘stock is going to boom’ – as it happened
This live blog is now closed. For more coverage on Trump’s tariffs, click here:. US stock markets have worst day since Covid over Trump tariffs Global markets in turmoil amid Trump tariffs ...The Guardian - 20h -
Nations braced for Donald Trump’s ‘Liberation Day’ levies
US secondary tariffs to be announced, while car finance providers launch high-stakes appeal in UK Supreme CourtFinancial Times - 5d -
Trump’s tariffs in brief: universal levies and targeted retaliation
New duties imposed by US president will send shockwaves through global supply chainsFinancial Times - 1d -
Trump levies tariffs on uninhabited islands
President Trump, as part of his expansive package of new tariffs, levied taxes on a number of uninhabited or sparsely populated islands that have little-to-no exports. The announcement of new ...The Hill - 1d -
How Trump's new tariffs could tip economies to 'brink of recession'
Stock markets around the world are reacting negatively to President Donald Trump's new tariffs, creating "deep unease and worry" about what the actions will do to global economies. NBC’s Christine ...NBC News - 1d -
UK expects to be hit by Trump tariffs, No 10 says
Downing Street does not rule out retaliating if new tariffs are imposed on Wednesday.BBC News - 4d -
Trump Officials Warn of Tariff Pain as Price Increases Loom and Stocks Tumble
The president’s aides insist the fallout will be short and ultimately result in a better economy, as economists warn of higher inflation and slower growth.The New York Times - 11h -
The Papers: 'Trump trade madness' and 'BYD bonanza'
Most papers on Wednesday are leading on Trump's threat of global tariffs.BBC News - 2d -
Downing Street says Trump’s tariffs signal ‘new era’ in global economics
Experts say UK may have to raise taxes in autumn as senior MPs caution against too many concessions in US trade talks. . Donald Trump’s tariffs signal a new global economic era, Downing Street has ...The Guardian - 6h -
Thune backs Trump tariffs
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Senate GOP leader warns against undoing tariffs Senate Majority Leader John Thune ...The Hill - 3d -
Trump tariffs anxiety hits peak in global economy as Chinese freight market crashes to two-decade low
President Trump's so-called 'liberation day' will reveal new tariffs on trading partners. Inside the supply chain, importers have been preparing for months.CNBC - 2d -
Analysis: Trump poised to reshape global economy and how world does business
The BBC’s economics editor Faisal Islam explains why a US tariff on goods imported into America is such a big deal for both consumers and countries.BBC News - 2d -
How a Small Violin Part Highlights Bigger Problems for the Global Economy
A family business in Ottawa that makes special shoulder rests for violins is imperiled by both Trump’s tariffs on Canada and potential Canadian retaliation.The New York Times - 1d -
Jim Cramer: Trump is the 'one person who's standing in the way of a great economy'
CNBC’s Jim Cramer on Monday called President Trump “the one person who’s standing in the way of a great economy.” “His wrath has made investors so downcast and so negative that people have just ...The Hill - 3d -
Aston Martin to raise more than £125mn amid US tariff threat
Luxury-car maker could face £30mn hit to gross profit due to Donald Trump’s looming 25% levyFinancial Times - 4d